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Sources: PayPal is separating Venmo into its own standalone unit and is looking to recruit a digital banking executive to run the new Venmo segment

PayPal CEO Enrique Lores has this week told managers that he is reorganizing the firm's reporting lines to separate Venmo …

CNBC Hugh Son

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  • r/wallstreetbets r on reddit
    PYPL to sell Venmo.  Calls?
  • Hugh Son Hugh Son on linkedin
    🚨 Scoop: PayPal is restructuring — and putting Venmo at the center  —  PayPal is reorganizing its business to separate Venmo …